Grubhub CEO Howard Migdal says the company is laying off about 500 employees, or ~23% of its workforce, following its takeover by Wonder in November 2024
Grubhub is cutting about 23% of its workforce and set the stage for more changes at the company following its takeover by Wonder Group Inc., the owner of Blue Apron.
Grubhub co-founder Matt Maloney says he led an effort to buy Grubhub for $1B+ around the start of 2024 and in 2022; Wonder bought Grubhub for $650M on Nov. 13
Financial Times :
Just Eat Takeaway says it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group …
Just Eat Takeaway plans to file for deregistration of its securities from the US SEC due to low trading volume and high costs, as Grubhub CEO Adam DeWitt exits
Silicon Canals :
Amazon partners with Just Eat Takeaway to offer a free one-year Grubhub+ subscription to US Prime members; Amazon gets equity in Grubhub; DoorDash drops 9%+
Amazon tried but then ultimately stepped away from building its own cost-intensive Grubhub and DoorDash competitor in the U.S. back in 2019.
Just Eat Takeaway says it is exploring a partial or full sale of Grubhub, less than one year after buying it for $7.3B
Just Eat Takeaway.com NV said it's considering a partial or full sale of its Grubhub unit less than a year after buying it for $7.3 billion, in a reversal that highlights …
Just Eat Takeaway's Grubhub acquisition rests on the belief that restaurants should handle delivery, offering an order platform while avoiding associated costs
Bid by Dutch giant Just Eat Takeaway would join two companies that have avoided building their own delivery fleets Tweets: @carnage4life and @paulpage Tweets: Dare Obasanjo / @carnage4life : Grubhub's...
Just Eat Takeaway confirms it is acquiring Grubhub in an all-stock deal; the deal has an equity value of $7.3B
- Deal creates one of world's largest food-delivery companies — Dutch company offered to pay $75.15 per share for Grubhub — Europe's Just Eat Takeaway.com NV agreed …
Sources: Just Eat Takeaway is nearing an all-stock deal to acquire Grubhub that could be finalized as early as Wednesday, after Uber-Grubhub talks stalled
Uber's board is planning to meet Wednesday and may officially pull the plug on Grubhub talks then — Grubhub Inc. GRUB -.50% …
Sources: Grubhub has received interest to merge from Europe-based Just Eat Takeaway and Delivery Hero as a deal with Uber faces antitrust concerns
Delivery Hero and Just Eat Takeaway — are also interested in acquiring Grubhub if Uber can't seal the deal. https://www.cnbc.com/...